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Recently, GE Inc., has just paid a dividend of D 0 = $1.50. Analysts expect the company's dividend to grow by 25% this year, by

Recently, GE Inc., has just paid a dividend of D0 = $1.50. Analysts expect the company's dividend to grow by 25% this year, by 15% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The required return on this low-risk stock is 13.00%. What is the best estimate of the stocks current market value?

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